All Forum Posts by: Evan Thomas

I'm extremely excited for this. It's going to be awesome!

Amazing input. Thank you so much for the info, this will makes things much clearer for me. 

I live in New York, NY. I'm not interested in investing in NYC or White Plains (where I work) due to taxes, regulations, etc. I am interested in the Philly market. I'm from near Philadelphia originally, and I can get there pretty easily. I have two questions that I would absolutely love to learn about:

1. Does anyone have advice or forums/blogs links about how to vet a city that you don't live or work in? What kind of research can I do from afar? 

2. Should I take a $10 bus to philly one day of every weekend to get to know the market? 

Thank you so much for your help!

Hello,

My name is Evan Thomas, and I'm from Lancaster, PA. I went to school at Fordham, and now I live in NYC and work in White Plains, NY. I took one REI course at Fordham, but it didn't appeal to me at the time because I was pursuing jobs at the big Wall Street banks. I now work at PepsiCo as a finance analyst, and 10 months in I've decided that I don't want to work at a typical corporate finance job for my entire life. After listening to a dozen (so far) of the bigger pockets podcasts, I'd like to get into the real estate field. Here's the little that I've figured out so far: I have no money, I would like to get into sourcing deals (for a commission and to learn about the industry) or flipping as a path toward buy & hold down the road, and I would like to create a passive income stream to support myself while I find what I truly love to do (if it isn't REI and surfing).

The biggest challenge I'm facing is where to start learning in what appears to be a massive web of REI information. If you have any tips, I would greatly appreciate all of them.

Thank you,

Evan